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Real World Scenarios: Annuity for a 90-year-old

Our series of real world scenarios continues. A bank executive talked my 90-year-old mother-in-law into purchasing an annuity to increase her yield from a CD. Is this a mistake (considering her advanced age), or was it a good move to avoid probate in the case …

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Real World Scenarios: Death Benefit Annuity Taxes

Our series of Real World Scenarios continues with a future inheritant’s question regarding their father’s death benefit annuity. My elderly father has an annuity. When he passes away, will I be taxed only on the gain, or will I be taxed on the entire amount? …

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Real World Scenarios: Variable Annuity Transfer

Here is the next installment in our series of questions from people like you. A broker suggested that I move my grand-fathered life insurance policy into a variable annuity for better performance. Is this a wise move? We don’t think so. Grand-fathered single premium life …

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Real World Scenarios: Annuity Fees and Value

Our series of Real World Scenarios continues: The guy on the radio says to buy the Vanguard annuity, and that it is the best because the fees are so low. What should I do? I don’t know that he said it was the best, but …

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